HomeMetaverseMeta pumps $36B into Metaverse, VR for huge losses

Meta pumps $36B into Metaverse, VR for huge losses

October 29, 2022

65

Source: news.google.com

Meta has pumped $36 billion into its Reality Labs division since 2019, according to an Insider analysis.
The division, which comprises Meta’s metaverse and virtual reality businesses, had an operating loss of $30.7 billion during the same period.
These four charts show the sheer scale of Meta CEO Mark Zuckerberg’s big metaverse gamble.

Read More at news.google.com

Previous articleI Sweated A Lot Playing Basketball In The Metaverse: Meet The Next VR Fitness Craze

Next articleMeta spent $36 billion on the Metaverse. the iPhone and Xbox cost much much less.

RELATED ARTICLES

New updates